Rebirth of the Strongest Tycoon

The first thousand two hundred and forty-seven chapters exceed the expected price

Latest Website: The Torii family is at the center of the storm, attracting attention from all directions.

Under this kind of gaze, the news of Keizo Torii and Shinichiro Torii's successive visits to the branches of multinational banks and financial institutions in the island country cannot be hidden.

The situation of the Torii family is well known. In particular, many media have dug deep into the report. At this critical juncture, the Torii family has no other option than borrowing money to go to multinational banks and financial institutions.

British Barings Bank, HSBC Bank, Royal Bank of Scotland, Bright Fund, Wells Fargo Bank, North Star Capital Company and many other companies in which Xia Yu holds shares or absolutely controls have branches in the island country.

The wealthy Wells Fargo Bank was visited by the Torii family, and the news quickly passed a few times, and finally reached Xia Yu's ears.

"The Torii family originally made this calculus. They didn't want to take risks with their own equity, but also wanted to participate in the rush to buy stocks, hehe..."

"But the risk is uncontrollable, it's not that they have the final say!"

Xia Yu thought a lot in his mind, and thought of a few practical methods. The arrow aimed at the shares currently held by the Torii family.

After thinking about it, he picked up the encrypted phone and called the headquarters of Wells Fargo.

After talking on the phone for a few minutes, Xia Yu got up and left the office, called Matsumoto Yu and Wang Qi next door, and went to the operating room together.

Although the Torii family has not really participated, it has been rumored that they will never sit still.

The competition for shareholder equity between Mitsui Securities Company and Jiuding Securities Company has also rapidly entered a white-hot stage, so the share price of Suntory Company can no longer be suppressed by both parties.

After Xia Yu entered the operating room, he saw that Suntory's share price had skyrocketed to 1,387.6 yen per share. Compared with the beginning, the total increase was nearly 50%!

And the rally is still not showing signs of weakening!

"How much equity do we already have?"

Xia Yu glanced at Matsumoto Yu and asked quietly.

"Boss, so far, a total of 20.23%."

The changing data has been remembered in Matsumoto Yu's mind,

He reported it easily.

"How much is there from Mitsui Securities, can you estimate it?"

This question is very difficult, Matsumoto Yu was silent for a long time before answering uncertainly: "The specific number cannot be determined, but we have competed against three shareholders, and we have not won the equity of 3 shareholders, it should be by Mitsui. The securities were bought, and the total shareholding ratio of these three shareholders was 3.48%.”

"In addition to the shares publicly held by Mitsui Securities before, it is conservatively estimated that Mitsui Securities' shareholding ratio is more than 8%."

Xia Yu did a quick calculation. The combined equity of himself, Mitsui Securities Co., and the Torii family accounted for about half of Suntory's total equity.

This means that there are still about 50% of the equity in the hands of others, and it is still far from the victory and defeat, and all three still have a chance.

Although it seems that among the three parties, the one has the best chance of winning, but until the end, everything is still unknown.

Start first to be stronger, and further expand the advantage!

After thinking about it, Xia Yu told Matsumoto Yu: "Matsumoto Yu, make a plan for an all-out attack. A single share is less than 2,500 yen, and you can buy it with all your strength. The stock market will give up for the time being."

Matsumoto Yu was awe-inspiring and said with a serious face: "Yes!"

...

After Matsumoto Yu convened all the acquisition teams and issued a new order, the acquisition offensive of Jiuding Securities Company became very fierce.

With enough bidding authority, negotiating overweight is a fierce one.

In contrast, the various acquisition teams of Mitsui Securities Co., Ltd. were killed because of permission issues.

The Torii family was also anxious and had no time to slowly lower borrowing costs, and finally reached a cooperation with Wells Fargo, which has relatively loose conditions.

The Torii family urgently raised funds of 3 billion yen, borrowed 60 billion yen from Wells Fargo at the price of 12% of the borrowing rate, and used 12% of Suntory's equity, a total of 50.4 million shares as collateral, and loaned another 60 billion yuan. Japanese yen, with a total capital of 123 billion yen.

These 50.4 million shares refer to the shares acquired in the future, not the existing shares of the Torii family.

The agreement also clearly stipulates that the 12% interest rate is for a maximum period of one year, and when the bank assesses the creditworthiness of the Torii family assets, no advance collection is allowed.

But if the Torii family repays the loan early, the short-term loan interest rate is equal to the annual interest rate of 12%.

This means that the more than 100 billion yen has been charged to the account of the Torii family, and even if the Torii family pays it back in one day, the interest must be paid at the interest rate of 12%.

In addition, the agreement also stipulates that if the Torii family's acquisition fails and the pledged stock is less than 50.4 million shares, or the stock price plummets and the value of the 50.4 million shares is lower than the loan amount, the Torii family needs to make up the collateral within 15 days, or Repay the missing part of the funds, otherwise, as the Torii family voluntarily defaults, Wells Fargo has the right to take any measures to ensure its own interests, and the interest rate will remain unchanged at 12% until the agreement is completely terminated.

This means that if the acquisition by the Torii family fails, the Torii family will have 15 days to deal with the emergency. Either the principal of 120 billion yen plus the interest of 14.4 billion yen will be paid in full, or an amount equal to Pledge of principal.

It seems that these conditions are beneficial to Wells Fargo, but in fact Wells Fargo also takes a lot of risk. After all, according to the current share price of Suntory, 50.4 million shares are pledged, which is already doubled over-lending.

According to the normal stock mortgage loan, at least half a discount is not given, and there are even broken bones.

In addition, the assets of the Torii family are mainly concentrated in the stocks of Suntory Company. If Suntory Company goes bankrupt or the stock price plummets and becomes insolvent, Wells Fargo can only bear the losses.

The sum of these risks is not too big. Compared with the banking industry that is operating steadily in the general environment, Wells Fargo's conditions are definitely very loose.

At least the Torii family still has a lot of autonomy and choice.

...

With 123 billion yen of funds in hand, if you only need to acquire 50.4 million shares, the average purchase price can be 2,440 yen per share. Compared with the current share price of Suntory, which is only about 1,400 yen, it seems that there is still a lot of money. A large space is reserved for the Torii family to operate.

Of course, in actual private acquisitions, the stock price can only be used as a reference, and the specific price still depends on the seller's psychological expectations and the buyer's negotiation skills.

In any case, with more than 100 billion yen in funds, Keizo Torii was instantly full of confidence, and he rushed into the battlefield aggressively and intervened in the battle for equity.

After all, relying on years of cooperation and human relations, Torii Keizan still has a lot of advantages. At the very least, if the price is the same, the shareholders will give priority to selling the equity to Torii Keizan, and even if it is lower, they are willing to sell it, which is relatively straightforward.

However, in terms of the purchase price, because both Jiuding Securities Company and Mitsui Securities Company contact all shareholders at the same time, there are these two competitors, and the purchase price is not much lower.

The battle for equity in Suntory's company instantly entered a white-hot state.

Among the three parties, the one who bears the most pressure is Mitsui Securities Company.

After an urgent communication with Mitsui \u0026 Co., Tian Yangping, who was responsible for the acquisition, gritted his teeth, and directly became ruthless, relaxing the authority of each acquisition team to 2,900 yen per share!

Matsumoto Yu realized that the situation was wrong, and after asking Xia Yu for instructions, he also resolutely increased the authority of each group, from 2,500 yen per share to 3,000 yen per share.

As a result, the intensity of competition has risen by another level.

Torii Keizan was horrified to find that the purchase price had exceeded his psychological expectations.

123 billion yen doesn't seem to be enough...

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